Jeffrey T. Bowman is stepping down after eight years as president and CEO of Crawford & Co. The board of directors has appointed Harsha V. Agadi, a board member, as interim CEO and will begin a search for a permanent CEO. The search, to be led by the board’s executive committee, is expected to take several months, Crawford said.
“After nearly eight intense and challenging years as president and CEO I have agreed with the board to step down, Bowman said. “I am extremely proud of what the management team has achieved in this time and where we have positioned the Company for the future. The Company is going through a significant transformation this year in a challenging industry environment, and I wish all the great employees working at Crawford the best of luck in the future.”
Agadi has been on the board of directors since 2010, and is chairman and CEO of GHS Holdings LLC, an investing and consulting business; he has significant experience in establishing global brands and improving operations of companies, Crawford said.
“The Board would like to thank Jeff for his years of dedicated service to Crawford & Company, its clients, employees and shareholders, as well as for the many global initiatives he helped to launch to increase operational effectiveness,” said Charles Ogburn, Crawford’s non-executive chairman of the board.
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